Sunday, September 10, 2023 2:30:44 AM
Well not sure about you guys, but this CLEARLY says that 2 different companys bought bioamber and its assets in 2 seperate transactions.
This one was the Bioamber Inc from LCY Biotechnology, a Sub of LCY chemical. And it was bought from a large shareholder and first investor of bioamber. So change of control would apply here IMO. looks like it bought controlling interest in the company.
this one was the ASSET purchase from the New Co with LCY and Visolis. so this is the CCAA transaction. Not to mention the MRO title of the deal.
so I see 1 transaction with the Sarnia Assets and another one with the Main Company. What do you see? 1 transaction or 2? If anyone says its the same thing im not buying it at all. its not.
and you have to add this to the whole shabang as well....It all adds up. One day they will monitize this transaction when it goes public and change investors from private to public.
This one was the Bioamber Inc from LCY Biotechnology, a Sub of LCY chemical. And it was bought from a large shareholder and first investor of bioamber. So change of control would apply here IMO. looks like it bought controlling interest in the company.
this one was the ASSET purchase from the New Co with LCY and Visolis. so this is the CCAA transaction. Not to mention the MRO title of the deal.
so I see 1 transaction with the Sarnia Assets and another one with the Main Company. What do you see? 1 transaction or 2? If anyone says its the same thing im not buying it at all. its not.
and you have to add this to the whole shabang as well....It all adds up. One day they will monitize this transaction when it goes public and change investors from private to public.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
